Why Beyond Meat Stock Is Sizzling Today
Beyond Meat(BYND) The Motley Fool·2024-08-09 03:49
The vegan meat company reported revenue that was less bad than anticipated.Plant-based meat maker Beyond Meat's (BYND 28.24%) second-quarter numbers were anything but good. One of them was better than expected, however, and that was good enough for investors today. Data from S&P Global Market Intelligence indicates that as of 3:30 p.m. ET Thursday Beyond Meat shares are up 24.6%.The question is, does this move mark the beginning of a prolonged recovery?Probably not.Beyond Meat serves up a (relatively) pleas ...